Alaska Travel Industry Association Foundation Incorporated

Analysis

Alaska Travel Industry Association Foundation Incorporated is a registered charity in United States, based in Anchorage, AK. It received its IRS tax-exemption ruling in April 1992, 34 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Alaska Travel Industry Association Foundation Incorporated reported income of $65k and spending of $70k, spending 108% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $28k to $65k (+137%), an average of +33% a year. The sharpest change came in the year to June 2021, when income rose by 202%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alaska Travel Industry Association Foundation Incorporated sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 20th percentile within AK. Charities of a similar size with the same main cause include Mattole Valley Community Center Inc ($65k), Charlestown Senior Citizens Club ($65k) and Friends of the Living Desert Inc ($65k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $145k against liabilities of $6,057, net assets of $139k.